23 Feb 2017 | 3:53 PM
Research Report
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Currency Research Report: Daily Currency Report

Indian rupee posted smart recovery and gained by 3 percent after the RBI launched a Forex swap window for public sector oil marketing companies to meet their daily dollar requirements.
30 Aug 2013 | 09:15 AM

  • Indian rupee posted smart recovery and gained by 3 percent after the RBI launched a Forex swap window for public sector oil marketing companies to meet their daily dollar requirements.
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  • Markets cheered the central bank’s decision as the swap facility gets operationalized with immediate effect and will re-main in place until further notice.
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  • The dollar index rallied on Syria fears as US officials are quoted as saying they are beyond the point of no return. The euro fell to below 1.325 to the dollar whereas the dollar index surged past the 81.90 levels.